Richmond vs Minnesota Lake
Side-by-side comparison
How does Richmond, MN compare to Minnesota Lake, MN? Richmond has a population of 1,336 with a median household income of $67,381, while Minnesota Lake has 621 residents and a median income of $62,875. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Richmond, MN | Minnesota Lake, MN | Difference |
|---|---|---|---|
| Population | 1,336 | 621 | +115.1% |
| Median Age | 39.7 | 45.5 | -12.7% |
| Foreign Born % | 1.7% | 0% | +170.0% |
| Metric | Richmond | Minnesota Lake | Difference |
|---|---|---|---|
| Median Income | $67,381 | $62,875 | +7.2% |
| Unemployment | 1.9% | 3.9% | -51.3% |
| Poverty Rate | 10.2% | 12.1% | -15.7% |
| Bachelor's+ | 17.4% | 18.7% | -7.0% |
| Metric | Richmond | Minnesota Lake | Difference |
|---|---|---|---|
| Home Value | $225,500 | $126,600 | +78.1% |
| Median Rent | $584/mo | $950/mo | -38.5% |
| Housing Units | 580 | 312 | +85.9% |